Moshkelgosha

Moshkelgosha

For those who like the Darvas Box method: I change the forecast from Short to neutral The Red box is a clone of the Yellow box! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on...

Moshkelgosha

AMD has reached the lower border of the Bearish channel and bounced back! In the past 72 days, AMD has lost 27% of its value, and this process could be extended further..! Meanwhile, there is a possibility that AMD Approaches the upper border of the channel before going lower! Good entry will be published if the reversal pattern is confirmed..! I change the...

Moshkelgosha

NVDA has reached the lower border of the Bearish channel and bounced back! In the past 60 days, NVDA has lost 32.8% of its value, and this process could be extended further..! Meanwhile, there is a possibility that NVDA Approaches the upper border of the channel before going lower! Good entry will be published if the reversal pattern is confirmed..! I change...

Moshkelgosha Updated 

NVDA closes below 50EMA for the 3 days in a row, for the first time in the past 3 months! I believe closing below the support line (270) can push it lower to 230 in the next 5-6 weeks! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance...

Moshkelgosha Updated 

AMD closes below 50EMA for the 3 days in a row, for the first time in the past 3 months! AMD is in a complex correction, this phenomenon has been explained with details in the previous posts! based on the similarities between the current correction and the previous one, I think it is highly likely that AMD go down to 120 in the next 5-6...

Moshkelgosha

Netflix earnings beat the expectations, yet you see a -24% in one day! I believe this is clearly talking about what you should expect from the earning season! If anyone has enough money to bet against(buy puts) all the coming earnings, and all the positions must be equally weight-adjusted(1% of the trading capital) I believe he could make a great deal of...

Moshkelgosha

looking at the Nasdaq and S&P 500 charts in the past 3 days shows 3 consecutive red days which are very similar to the famous black crows! The only difference is you expect 3 black crows after a bullish rally, not after a 5-10% correction! this indicates sellers are strong and in control! Reviewing the last market hour in the past few days will show you all daily...

Moshkelgosha

Since my last analysis (January 5th) reached its target level with 100% accuracy, this is a good time to publish a new forecast for Etheruem. Another 1000 USD drop is likely in less than 2 months! and ETH could be less than 1700 in the next 8 weeks! Keep in mind there will be always a few green days between the majority of reds! You can see the most important...

Moshkelgosha Updated 

It does not matter if you look at it as a head and shoulder or a quadratic regression (function)! The most important thing is that it is moving toward 30K once again..! You can see the most important support(green line) and resistance (red line) levels. Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst,...

Moshkelgosha Updated 

With the current momentum, it is highly likely ETH will retest the 2650-3150 zone in less than 3 weeks! Keep in mind this is a 3 weeks forecast and there will be some positive days in between that could be used for day traders! However, the probability of having more red days is higher! Best, Moshkelgosha DISCLAIMER I’m not a certified financial...

Moshkelgosha Updated 

As you can see in the chart SPX responded very well to the lower border of the channel and now the question is: Is this a good time for entry? The answer could become more clear after reviewing the previous correction and how they were ended..! Reviewing the past correction reveals a common pattern at the end of the corrections: a complex of 4 candles (Red,...

Moshkelgosha Updated 

25% decline in less than 2 months for NFLX is not what many people expected, but option data suggest more volatile days ahead. Looking at the options date for the next 4 weeks, you can see 1.37 Put/Call ratio which is very high and indicate more bearish momentum! Option wall:400-580 Maxpain: 550 Be careful with the earning in the next 8 days! The big question...

Moshkelgosha Updated 

My answer to this question is: No this is not a good time and we are going to see lower prices in the next 2 weeks and then there could be recovery! 50 days rate of change is negative and SPY seems rejected from 50 days EMA. Most probable scenario: another leg of decline in the next week: You can see the most important support(green line) and resistance (red...

Moshkelgosha

On December 20, 2021, I published one article and discussed shorting Rivian could be the most profitable in comparison to shorting Tesla or Lucid..! As you can see in the one month, RIVN is -26.49%..! While Tesla is up 8.74 and Lucid is up 1.6%. I always said there are opportunities in any market if you are keen to find them, your trading mindset should be...

Moshkelgosha

Fear of stock market crash and Inflation push commodities higher and higher! Silver price experienced an 8.6% gain in the past month and this will not be the end of the story! My forecast is a 15-30% gain for silver in 2022! which is above the index funds! (10-15%) However, I like the yellow shiny metal more..! and physical is superior to paper..! ETFs have...

Moshkelgosha Updated 

Breaking below the 167 level could push apple prices to 150-155 level..! If you are looking at the chart from Time cycle and price point of view the last hour of today's market is very important! Watch it closely for price action! You can see the most important support(green line) and resistance (red line) levels. Best, Moshkelgosha DISCLAIMER I’m not a...

Moshkelgosha

I learned technical analysis on Gold, and I can say there is no chart in the world that I looked at more than the gold chart..! I have published more than 109 Tesla analyses, 92 bitcoin, 80 S&P, and 65 NADAQ100 in the past few months! In 2022 all the markets were red except Gold and energy! Now you see why I chose the gold chart for my happy new year message to...

Moshkelgosha

Part one: April 2020 to February 2021: ARKK outperform NASDAQ 100: While ARKK gained 289%, NASDAQ 100 gained 84% in the same time frame! Part two: Feb 2021 to Jan 2022: While ARKK has lost more than 51% Nasdaq 100 gained +9.7% Part three: March 2020 to Jan 2022: ARKK gained 102% while NASDAQ 100 outperform with a 116% gain in the same time frame! Part 4:...